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Know Where You Stand — Before It’s Too Late
Use our free Foreclosure Avoidance Calculator to find out how close you are to foreclosure and what you can still do about it. Whether you’re in South Bend, Elkhart, Mishawaka, or anywhere in Indiana, this tool helps you understand your timeline, missed payments, and equity risk.
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Depending on your responses, this calculator will estimate:
Example: “You’re 75 days late. Foreclosure may begin soon. You may still have time to sell and protect your equity.”
Use this data to make informed decisions — not emotional ones.
| Days Late | Status | What Happens |
|---|---|---|
| 30 Days | Payment missed | Lender calls, late fees begin |
| 60 Days | Pre-foreclosure risk | Credit hit, legal notices may begin |
| 90 Days | Default status | Court filing likely |
| 120+ Days | Sheriff’s sale process | House may be scheduled for auction |
🛑 Waiting past 90 days can significantly hurt your credit and cost you your home equity.
Even if you’ve missed multiple payments, there are still ways out:
| Option | Time to Complete | Credit Impact | Keep Equity? |
|---|---|---|---|
| Sell for Cash | 7–14 days | ✅ Minimal | ✘ Yes |
| Let Foreclose | 90–180+ days | ✘ Major hit | ✘ No |
| Bankruptcy Filing | 30–90 days | ⚠ Moderate! | ⚠ Maybe |
Selling before foreclosure is often the fastest and least damaging option — especially when time is short.
✅ Good news: You can still sell your home during pre-foreclosure and pay off the loan before it becomes a full foreclosure.
Yes — but you need to act fast.
In Indiana, most homes are auctioned by the county sheriff’s office once foreclosure is finalized. This is called a sheriff sale. If you haven’t sold your home before this date, you may lose your property and your equity.
We’ve helped sellers in South Bend and Elkhart stop a sheriff sale just days before it was scheduled.
🏚️ Example:
Selling before foreclosure lets you keep your equity — even if the house needs repairs.
Most lenders file after 90 days of non-payment. That’s 3 missed payments.
Yes. If you act before the sheriff’s sale date, you can sell, pay off the loan, and keep the remaining equity.
Your home is auctioned by the county. If it doesn’t sell high enough to cover the debt, you could still owe a balance.
Yes — but act fast. Many homeowners in South Bend and Elkhart sell 1–2 weeks before auction.
No. We buy homes as-is, no repairs needed.
Yes, you can still sell your house — even if it has property liens, IRS debt, or unpaid taxes. In fact, many Indiana homeowners in foreclosure also face back taxes or utility liens.
These debts can usually be paid out of the sale proceeds at closing. We work with title companies that handle this every day.
💡 If you owe $5,000 in back taxes and sell for $100,000, the lien gets paid, and you keep the rest.
Don’t assume you’re stuck — we can help you understand what’s really owed and how to close cleanly.
Your credit score can drop 100–160 points. Foreclosure stays on your report for 7 years.
After a sheriff sale, you typically don’t get a redemption period in Indiana. Once the auction is complete, the sale is final.
Possibly — it depends on the type of bankruptcy and court approval. Talk to a real estate attorney or cash buyer experienced in these sales.
Yes, but time is tight. If the buyer can close before the auction date, it can stop the sale. We’ve worked with sellers who were days away.
You can still sell it as-is. Roof problems, code violations, mold — we’ve bought homes with all of it.
No. You can sell directly to a local investor or cash buyer, skipping agent commissions entirely.
Don’t wait until your options are gone.
Serving South Bend, Elkhart, Mishawaka, and all of Indiana
No pressure. No cost. Just real solutions.
